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When Governor Owens has signed House Bill – 1161 into law, it required all mortgage brokers to get licensed in the State of Colorado. It’s quite easy process that required three simple steps:

1. Get fingerprinted and send in for a background check.

No worries for me, I’m one of the good guys.

2. Get a Surety Bond in the value of $25,000

Again, no worries for me. The bond company I used, Above All Insurance was local and listed on the Colorado Association of Mortgage Broker site.

3. Register with the State of Colorado, Division of Real Estate

It was a snap and my license was sent to my inbox within seconds of hitting submit.

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